legendary trader Steve Cohen of SAC capital spend all day trading and only got these returns
-1992 to 2005: 43.5% per year (before fees)
-1992 to 2012: 25% per year (after fees)
-1992 to 2013: around 25-30% per year (after fees)
and the firm had to pay a $1.8 billion fine for insider trading using expert networks inappropriately
25% annually is massive tho.
100x return compounded.
With that track record one would attract a lot of capital.
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